Merrill Lynch

The regional brokerage is the latest to incur a penalty for failing to waive fees on Class A shares sold to eligible institutional clients.

The regional firm's new recruits have experience in designing corporate equity compensation plans.

Competing in his first triathlon helped John Pierce discover the direction he needed to succeed in wealth management.

The recruit joined a practice opened by a former complex director from the same wirehouse.

The wirehouse advisers generated a combined $2 million in annual revenue at the time of their departure.

Former Philadelphia Eagles player Merrill Robertson Jr. funded "luxurious" lifestyle with life savings of football coaches, complaint says.

Paul Morris is one of a growing number of recruits that the wirehouse has rehired after they had previously left the firm.

The recruit switched wirehouses again after 7 years.

Also, Dynasty lured teams managing nearly $1 billion in client assets to independence.

The seven recruits made the move from three wirehouses, Raymond James and Stifel.

Top advisers are using these strategies to create well-balanced portfolios.

Seven recruits made the move to either the firm's employee or independent channels.

Several of the largest moves this year show top talent is looking beyond traditional choices.

The recruit is joining an existing practice, boosting the team's assets to $1 billion, according to the firm.

Profits rose 8% year-over-year at the bank's Global Wealth & Investment Management unit, which includes Merrill Lynch and U.S. Trust.

The largest recruits managed more than $17 billion in client assets.

The regional firm also says it recruited a junior Merrill adviser overseeing $39 million in client assets.

The team's managing director is a wirehouse veteran with close to 30 years of industry experience.

Meanwhile, the SEC hints that more actions could follow the $425 million in penalties levied against the brokerage firm.

Also, J.P. Morgan saw a team managing $300 million in client assets go independent.